Course Summary

One of the most powerful tools available to hedgers, options are also the most difficult to master. Once you’ve learned how to "make options easy" with the Options I - Fundamentals of Energy Options course, you can learn how to get the most out of these fascinating instruments with this advanced course. Delegates learn how to apply complex combinations of calls and puts in order to hedge specific risks and take advantage of market expectations. With our unique trading simulation you will master directional and market-neutral trading strategies, as well as the application of complex strategies. You will also learn to match specific risk exposures and market expectations with complex strategies.

8 CPE credits awarded for this course.

Delivery Method: Group-Live

Who Should Attend?

This programme deals with many different energy commodities. Delegates include everyone from trade support staff to senior management.

Prerequisites

A thorough understanding of basic elements of futures and options on futures. Delegates entering this course should have already completed Princeton Energy Programme's Fundamentals of Energy Futures and Options I - Fundamentals of Energy Options

Includes Web-based Pre-study Module

This course is accompanied by a preparatory course available online. Delegates will receive a web voucher as part of their joining instructions upon confirmation of registration. By taking advantage of this 'blended' learning approach, in-class time and learning are optimized.

Not sure if you have the appropriate experience? Click here to test yourself on futures and options knowledge necessary for this course.

Course Contents

• Directional and market-neutral trading strategies including:
  • Covered call and puts
  • Call and put spreads
  • Financed call and put spreads
  • Ratio writes and backspreads
  • Straddles and strangles
  • Directional straddles
  • Reduced-risk volatility spreads
  • Butterflies and condors
• How to reduce the cost of using options as "insurance"
• How to tailor sophisticated options strategies that exactly match an anticipated market outcome
• Matching specific risk exposures
• Mixing different types of options

The following course(s) are available..

Date / No of days	Location	Fee: Course only	Fee: + accommodation	Code
28 April 2010 (1)	London, UK	GBP£780 + 17.5% VAT	- n/a -	OS\AGBR10
28 May 2010 (1)	Calgary, AB	USD$1100 +5% GST	- n/a -	#OS052810
23 June 2010 (1)	Houston, TX	USD$1100	- n/a -	#OS062310
5 October 2010 (1)	London, UK	GBP£780 + 17.5% VAT	- n/a -	OS\BGBR10
8 December 2010 (1)	New York, NY	USD$1100	- n/a -	#OS120810